Seven men charged in alleged kidnapping of crypto exchange owner in Toronto
Toronto police have laid 82 criminal charges against seven men, including three Canadian Armed Forces members, in connection with the armed abduction of a cryptocurrency exchange owner.
Seven men are facing a combined 82 criminal charges following the alleged kidnapping of a cryptocurrency exchange owner in Toronto, according to the Toronto Police Service. Authorities reported that three of the accused men are members of the Canadian Armed Forces, with Crypto Briefing reporting they are military reservists.[1][2][4]
Investigators allege that the assailants sought cryptocurrency during the abduction and attempted to gain access to the victim's digital assets as well as company security systems.[2][4]
Subsequent police searches tied to the investigation uncovered firearms, silencers, and more than 2,000 rounds of ammunition. Decrypt reported that nearly all of the seized ammunition was allegedly stolen from the Canadian military.[3][4]
Key facts
- Seven men face a total of 82 criminal charges in connection with the alleged kidnapping of a cryptocurrency exchange owner in Toronto.
- Three of the seven charged individuals are Canadian Armed Forces members, identified by Crypto Briefing as reservists.
- Police allege the suspects attempted to access the victim's cryptocurrency assets and business security systems.
- Police seized guns, silencers, and over 2,000 rounds of ammunition during the investigation.
- Nearly all of the recovered ammunition was allegedly stolen from the Canadian military.
Sources · 4 sources
- CB
Crypto BriefingArticle ·
Toronto police charge three Canadian Armed Forces reservists in kidnapping of crypto exchange owner The case highlights vulnerabilities in crypto security and military oversight, potentially prompting stricter regulations and security measures. The post Toronto police charge three Canadian Armed Forces reservists in kidnapping of crypto exchange owner appeared first on Crypto Briefing .
Open source - CR
CryptoSlate@CryptoSlatePost on X ·
Seven men, including three Canadian Armed Forces members, face 82 charges over a crypto exchange owner's alleged kidnapping, @TorontoPolice says. Police allege attempts to access crypto assets and business security systems. via @akibablade https://t.co/WhImSIfVW5
Open source - DE
DecryptArticle ·
Three Canadian Armed Forces Members Charged in Kidnapping of Crypto Exchange Owner Police seized guns, silencers and more than 2,000 rounds of ammunition, nearly all of it allegedly stolen from the Canadian military.
Open source - CR
CryptoSlateArticle ·
82 criminal charges follow armed crypto abduction in Toronto Toronto police allege attackers sought cryptocurrency and business security access; searches uncovered ammunition stolen from the military. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Open source